A bank offers two different investment options.
1 answer:
The function that can be used to represent option 1 is an exponential function.
The function that can be used to represent option 2 is a linear function.
<h3>Linear functions</h3>
A linear function is a function that has a single variable raised to the power of 1. Linear functions are usually in the form x + 10.
Option 2 expressed as a linear function is b x 0.06 x 1
Where b represents the amount of money deposited.
<h3>Exponential functions</h3>An exponential function is usually in this form: y = .Option 1 expressed as an exponential function is p(1.036)^y
Where:
- p = principal
- y = number of years
To learn more about compound interest, please check: brainly.com/question/18760477
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